China considers probe into Apple's App Store fees, practices, Bloomberg News reports
Published On Feb 5, 2025, 4:19 AM
China's antitrust regulator is considering an investigation into Apple's App Store practices, specifically its commission rates of up to 30% and restrictions on external payment methods. This scrutiny follows a series of actions by China against various U.S. companies amidst rising trade tensions. The investigation could potentially affect Apple's operations and revenue in one of its largest markets, especially since the company has been in discussions with the Chinese authorities since last year.
Stock Forecasts
AAPL
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The potential investigation into Apple's App Store practices could lead to regulatory changes that might limit its revenue from app downloads and in-app purchases in China, posing a significant risk to its business model there.
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